Lithia 33547 Real Estate Market Report- July 2013

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52 homes sold during the same period last year which resulted in 53.8% increase in the unit volume and 22.5% increase in the median price (from $249,604 to $305,796).

At the end of the month there were 133 homes available for sale in this area of Lithia, Floridawhich included 88 new home listings. New home listings were also up from 68 to 88 in contrast with same period last year. Since 84 homes went under contract, it resulted in 1.58 months of inventory only. Number of homes that went under contract were also up from 57 in July 2012 to 84 in July 2013.

The average days on the market currently in this area was around 49 days.

Most of the homes that sold were purchased with cash, VA and conventional financing.

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